$4,300,000
 $23,083 est/mo Sourced by Back At You

5 Sorauren Avenue,Toronto W01, ON M6R 2C6

Toronto W01, ON M6R 2C6

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Description

Rare Multi-Residential Investment & Development Opportunity in Toronto! Exceptional opportunity to acquire an established legal 7-unit multi-residential property with approved plans for Phase 2 development of an additional 5 residential units - offering the potential for a 12-unit multi-residential property upon completion. The existing building consists of 7 self-contained residential units, providing immediate rental income while offering significant value-add potential through the approved second phase. Ideally situated in the highly desirable Sorauren/Parkdale neighbourhood, steps to Sorauren Avenue Park and minutes to Roncesvalles Village, Queen Street West, TTC, shops, restaurants and everyday amenities. An outstanding opportunity for investors, developers and multi-residential operators to acquire an income-producing asset with a clear path for further intensification in a prime Toronto location. Existing 7 legal units + approved plans for 5 additional units - a truly unique investment and development opportunity.

Details

MLS #W13852858
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusNew
Year0
Days On Site30
Listing Provided ByJDL REALTY INC. | W13852858 162600

Features

Bed(s)14
Bath(s)7
Story(s)2
Acreage0.07

Interior

Interior FeaturesCarpet Free, Built-In Oven
Heating Yes / NoYes
CoolingCentral Air
Heat SourceGas
Fireplace Yes / NoNo
Rooms Total9

Exterior

RoofAsphalt Rolled
Foundation DetailsConcrete Block, Brick
Construction MaterialsBrick

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo

Utilities

SewerSewer

Taxes

Tax Annual Amount8501.81
Tax Legal DescriptionPLAN 550 PT LOT 4 AND RP 66R10623 PART 6
Tax Year2026

Area Information

ProvinceON
CountyToronto
CityToronto W01
Postal CodeM6R 2C6
AreaRoncesvalles
Listing VS Median (in M6R 2C6)
Price:
$4,300,000
low | high
Med:
$0
On site:
30
low | high
Med:
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyToronto
CityToronto W01
Postal CodeM6R 2C6
AreaRoncesvalles
Listing VS Median (in M6R 2C6)
Price:
$4,300,000
low | high
Med:
$0
On site:
30
low | high
Med:
Sourced by Back At You
Listing Updated: October 1, 2026 at 11:15:26 PM PDT